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Paddle Your Own Kanoo
• Mateusz Maszczynski
Aviation A2Z
• Bhavya Velani
Last Updated: Tuesday, Oct. 15, 2024, 11:00 AM PDT
2024-10-15T11:00:08.112418-07:00 2024-10-15T11:00:08.112418-07:00 (2024-10-15T11:00:08.112418-07:00)
Wall Street Journal
• Sharon Terlep
By Wall Street Journal: Under the shelf registration, Boeing is expected to pursue a stock offering that raises around $10 billion, according to people familiar with the matter. A strike by Boeing’s largest union is exacerbating financial woes at the jet maker, which last turned a profit in 2018. Its operations had been burning through about $1 billion a month before the strike. Boeing ended September with $10.3 billion in cash and securities, close to the minimum amount the company has said it needs to operate. The new $10 billion credit agreement is in addition to about $10 billion in existing, untapped revolving credit agreements. Boeing has $45 billion in net debt. “These are two prudent steps to support the company’s access to liquidity,” Boeing said in a statement. Boeing shares, which began the year around $250, were little changed in premarket trading near $150.
Airways Magazine
By Airways Magazine: The US DOT has fined Lufthansa US$4 million for discriminating against Jewish passengers in 2022.
PaxEx.Aero
• Seth Miller
By PaxEx.Aero: A fleet-wide cabin retrofit, including fresh seating materials, a renewed color palette, decorative motifs and signature branding, is coming to the Delta fleet.
Delta Air Lines
eveairmobility.com
• Thiago Riboura
By eveairmobility.com: Eve is a new independent company founded by Embraer dedicated to accelerating the Urban Air Mobility (UAM) ecosystem. Benefitting from a startup mindset, backed by Embraer’s more than 50-year history of aerospace expertise, Eve is taking a holistic approach to progressing the UAM ecosystem with an advanced electric vertical takeoff and landing vehicle (eVTOL), comprehensive global services and support network, and a unique air traffic management solution.
Urban Air Mobility News
AINonline
• Curt Epstein
By AINonline: Business, Air Transport, Defense & General Aviation News.
FlightGlobal
• David Kaminski-Morrow
By FlightGlobal: Portuguese wet-lease specialist Hi Fly is expanding its widebody fleet with a pair of Airbus A330-200s.
Airways Magazine
Paddle Your Own Kanoo
• Mateusz Maszczynski
By Paddle Your Own Kanoo: Delta Air Lines has started to serve sandwiches from cafe chain Panera Bread to First Class passengers on some flights from Detroit Metropolitan Wayne County Airport after a Listeria outbreak closed down the local catering kitchen used by the carrier.
Engadget
• Steve Dent
Paddle Your Own Kanoo
• Mateusz Maszczynski
AINonline
• Charles Alcock
The Loadstar
• Changi Airport Group
Unmanned Airspace
• Philip Butterworth-Hayes
